Mitsubishi 2009 Annual Report Download - page 63

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March 31, 2008
Party type: Major shareholder
Party name: Mitsubishi Corporation
Address: Chiyoda-Ku, Tokyo, Japan
Capital: ¥201,825 million
Business: Wholesale trading
% of voting stock held: Direct 14.0
Concurrent board appointment: 1 concurrent member, 3 formally
transferred to MMC
Business relationship: Sales of passenger cars and import of
materials for production
Detail of transaction: Sales (see (i) below)
Transaction amount: ¥292,441 million
Account title: Accounts receivable
Balance at year end ¥24,369 million
March 31, 2008
Party type: Subsidiary Equity method affiliate
Party name: Heart Beat Reds LLC Jatco Ltd.
Address: Chuo-Ku, Tokyo, Japan Fuji, Shizuoka, Japan
Capital: ¥3 million ¥29,935 million
Business: Holding and sales of beneficial interest
in trust
Development, manufacturing and sales
of transmission and automotive parts
% of voting stock held: Direct 100.0 Direct 15.0
Concurrent board appointment: – 1 concurrent member
Business relationship: Investment in anonymous association Purchases of auto parts
Detail of transaction: (1) Proceeds from liquidation
(2) Gain on liquidation
Purchase
Transaction amount: (1) ¥5,000 million (see (ii) below)
(2) ¥4,659 million (see (ii) below)
(1) ¥90,259 million) (see (iii) below)
Account title: – Accounts payable
Balance at year end – ¥18,796 million
Notes: Contract terms and the policy to determine the contract terms:
(i) Sales price of products is determined based on market price and overall cost.
(ii) The proceeds in the form of liquidation dividends were from dividend distributions due to the end of anonymous associations’ operations.
(iii) The purchase price is determined based on the estimated cost, the price for current model production and market price.
61
Annual Report 2009 MITSUBISHI MOTORS CORPORATION